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U.S. index futures fall amid rising oil prices and Treasury yields

Reuters ·

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  1. 1U.S. index futures declined as oil prices rose nearly 4% and Treasury yields increased.
  2. 2At 6:14 a.m. ET, Dow e-mini futures fell 399 points, dropping 0.78%.
  3. 3Global semiconductor stocks showed weakness despite a forecast of record quarterly profit of $80.2 billion for Samsung Electronics.

So what's the key point?

The mood in the U.S. stock market worsened as oil prices rose and Treasury yields went up. Although Samsung Electronics' profit outlook was positive, semiconductor stocks around the world are struggling.

Source Reuters · View original ↗

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